Economic news and events


Surge in UK used car sales as demand for EVs soars

Growing demand for electric vehicles has driven a surge in used car sales, figures show.

Some 1.83 million cars changed hands in the UK between April...

Wed, 09/08/2023 - 06:06


UK retail sales growth eases in July as wet weather damps mood

The UK retail sector had a tricker month in July, with wet weather doing ‘no favours’ for clothing sales, numbers on Tuesday showed.

According to...

Tue, 08/08/2023 - 05:11


UK recruitment for permanent staff down amid weaker economic climate

UK firms are hesitant to recruit new staff because of concerns over the economic outlook, research suggests.

The Recruitment & Employment Confederation reported a fall in...

Mon, 07/08/2023 - 08:11


TOP NEWS: UK house prices fall in July but sector shows ‘resilience’

UK house prices fell for the fourth consecutive month in July, according to Halifax data on Monday, but the mortgage lender noted the sector is...

Mon, 07/08/2023 - 07:15


UK employment levels still lower than before pandemic - analysis

Employment remains lower in the UK than before the pandemic, new analysis shows as Labour accused the Conservatives of ‘failing’ to get people back to...

Mon, 07/08/2023 - 06:01


Social media firms partner with UK gov to tackle small boat crossings

Social media firms will team up with the National Crime Agency to crack down on people smugglers’ posts encouraging asylum seekers to cross the Channel,...

Sun, 06/08/2023 - 14:26


UK business optimism and vacancies fall, index suggests

Business confidence dropped last month, according to a regular survey of companies, while firms also said they intended to hire less than they had before.

For...

Sun, 06/08/2023 - 14:12


BoE governor backs regulator plan to ensure ’fairness’ for savers

The governor of the Bank of England has backed the City watchdog’s action to ensure interest rate rises are passed appropriately to savers, saying a...

Sat, 05/08/2023 - 10:40


Year of growth for UK new car market as registrations rise - SMMT

A full year of growth has been recorded by the UK’s new car market, an industry body said.

Registrations of new cars were up by more...

Fri, 04/08/2023 - 05:56


UPDATE: BoE’s Bailey says ‘number of paths’ for UK interest rates

The Bank of England offered little about the path for UK interest rates, but believes its monetary policy is now in restrictive territory, and will...

Thu, 03/08/2023 - 14:58


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